It's important to remember, though, that today's economic troubles and stock market downturn are temporary. Certain growth stocks may suffer in this sort of context. One is a medical technology company that's set to report record earnings.
These stocks are all down by at least 42% from their all-time highs despite impressive performances from their underlying businesses.
With these growth stocks down between 25% and 38% over the last year, it may be time to add to them as they widen their moats.